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To: Dave who wrote (4843)2/23/1998 9:25:00 PM
From: Leo Mitkievicz  Respond to of 9798
 
Hi Dave. Hope you are real!

>>....for you master investors out there.<<

Charge denied, on behalf of all on this thread save maybe Pete who made money and Bean if he is truly short.

Cowpland can "manoeuvre away from the looming cliffs" at any time. I do not expect this soon. Financial footing appears sound enough for next quarter or two. Little danger in that corner anyway. Or so it seems.

Leo



To: Dave who wrote (4843)2/24/1998 11:42:00 AM
From: A. Reader  Respond to of 9798
 
Hi Dave,
<1. What would have to happen for there to be an imminent threat of bankruptcy; for the exchanges to halt trading, etc...>

The Toronto Stock Exchange's policy statement on timely disclosure of information by companies whose shares are publicly traded states:

"It is a cornerstone policy of the TSE that all persons investing in securities listed on the exchange have equal access to information that may affect their investment decisions."

The TSE's policy requires that information defined as "material" ought to be disclosed as soon as possible by companies. Failure to do so may result in a trading halt placed on the company's shares or suspension of its listing.

Authorities at the TSE define "material" as "any information relating to the business and affairs of the company that results in or would reasonably be expected to result in a significant change in the market price or value of any of the company's listed securities."